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Summer boost for internet load swapping
Page 12
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TRANSPORT EXCHANGE Group believes the recession is triggering a rise in its business as hauliers look to become more flexible and cut their costs.
The online freight exchange firm, which helps members to trade loads and to source available or part-filled vehicles, saw a 12% rise In loads posted in August 2009, compared with August 2008.
The group's Haulage Exchange division saw a 74% jump in loads posted in the same month compared to a year ago.
"We can be flexible to help hauliers with late payments, but they have to be open and honest with us, and this seems to be working," reveals managing director Lyall Cresswell.
"For us, the recession is not all doom and gloom. People know they have to be more flexible about sharing loads, and I believe the recession has been a trigger for hauliers to change their traditional business models."
He attributes a rise in loads of 7.5 tonnes and above to clients that are downsizing their fleets, which means there's extra work available.
• Freight exchange company Freightex is opening its fourth UK office near Manchester Airport due to increasing volumes. Initially employing four account managers at the new base, Freightex expects to have 10 brokers there by March 2010.
Chief executive officer Tim Phillips says that in the current economic climate, hauliers are more open to trying something new.
A full interview with Phillips will appear in a future issue of CM,